S&P 500 Shoots Upward as Strong Earnings Shift Investors' Time Horizon

The S&P 500 (Index: SPX ) shot up by nearly 3.6% over it's closing value in the previous week, reaching a new record high closing value of 7,757.46 by the end of the trading week ending on Friday, 7 August 2026. Strong earnings being reported in the early part of the week provided much of the stock market's upward momentum, with technology and materials stocks providing much of the boost . The…